In a widely cited paper, Rumelt (1991) presents estimates of the relative influence of corporate, business unit, and other influences on business unit profitability and finds the corporation explains almost none of the variability in business unit profitability. Using a Monte Carlo simulation, we ex
✦ LIBER ✦
What drives the profitability of Japanese multi-business corporations? A variance components analysis
✍ Scribed by Yoshitaka Fukui; Tatsuo Ushijima
- Book ID
- 116660949
- Publisher
- Elsevier Science
- Year
- 2011
- Tongue
- English
- Weight
- 181 KB
- Volume
- 25
- Category
- Article
- ISSN
- 0889-1583
No coin nor oath required. For personal study only.
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## Abstract This article identifies key factors that determine the profitability of Japanese firms abroad by using panel‐data regression models on new, large‐scale, subsidiary‐level data over the 1990–1996 period. The results show that the determinants of subsidiary profits differ across host regio